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PwC welcomes new UK insurance leader

PwC has appointed Jim Bichard to lead its UK insurance practice, replacing Johnathan Howe, who has led the practice since 2013...

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Zale Indemnity assigned ‘stable’ outlook

A.M. Best has revised the outlook of Zale Indemnity Company and its wholly-owned subsidiary, Zale Life Insurance Company, from positive to stable...

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R&Q issues $20m of subordinated notes

Randall & Quilter (R&Q) Re Bermuda has issued a total of $20 million in floating-rate subordinated notes, due December 2023...

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Aon: Asia captive market growing at a ‘steady pace’

Asia is experiencing an unprecedented level of sophistication within captive owners, according to Aon’s Asia Market Review 2017...

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Texas to introduce a reinsurance structure

Texas has put forward a new captive bill, HB 1187, proposing the introduction of non-affiliated reinsurance, reciprocal captive structures in the state...

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Global natural catastrophe events hit $210bn in 2016

During 2016, 315 natural catastrophe events occurred, generating $210 billion of global economic losses, according to Aon’s catastrophe report...

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‘Phenomenal year’ for Cayman captives

The Cayman Islands welcomed 39 new insurer licences in 2016, as well as two new portfolio insurance companies...

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South Carolina welcomes 17 new captives

The South Carolina Department of Insurance licensed 17 new captive insurance companies last year, down by 13 compared to the 30 in 2015...

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Vermont proposes fresh changes to captive bill

Vermont’s annual update of its captive legislation is underway, with a new bill introduced to the legislature this week...

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Oklahoma's John Doak named representative to OECD

The National Association of Insurance Commissioners has named John Doak, the Oklahoma insurance commissioner, as its representative to the OECD...

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Tina Bukow takes on new role at KBRA

Kroll Bond Rating Agency (KBRA) has named Tina Bukow as senior director of business development for the insurance ratings initiative...

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StrucSure Risk Management welcomes new president

StrucSure Risk Management (SRMG) has appointed Richard Poling as its new president, as of 18 January...

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